On May 11, the rapper and CEO of record label Stacks on Deck Entertainment took to Instagram to announce the news, posting a photo of himself with David and the caption “I’m in the fam @alkidavid”.
Soulja left everyone confused by not revealing the exact details of the deal. The 25-year-old rapper had a reported net worth of $25 million, but if this $400 million deal is true, then he’s the richest rapper in the game.
FilmOn has more than 600 free and subscription linear TV channels, audio/video podcasts updated daily, 50 audio channels and over 90,000 on demand titles. In 2014, FilmOn launched FilmOn Media Licensing Inc. and acquired the North American rights to the Musion hologram technology and patents.
Congrats to Soulja Boy!